Business

Newly elected President of the Guyana Chapter of the Institute of Internal Auditors Jaigopaul Ram has told Stabroek Business that he will be seeking to enhance the image of the profession in Guyana during his one-year term which commenced in June this year and concludes in May next year.

(Barbados Nation) – Barbados businesses are among those who should be wary of the threat from cybercrime.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 571’s trading results showed consideration of $50,618,490 from 669,043 shares traded in 16 transactions as compared to session 570’s trading results which showed consideration of $12,405,000 from 111,200 shares traded in 10 transactions.

Local information technology solutions and equipment provider Starr Computers last week disclosed that it had finalised its latest distribution deal with a high profile international company aimed at enhancing the quality of IT solutions available to the local business community.

This occasional timber price table is being published by the Stabroek Business as a service to the sector.

A year after Rossignol Butcheries opened at 73/74 Church Street, Georgetown, the enterprise has become one of the more visible urban symbols of investment in Guyana by neighbouring Suriname.

Business Cartoon

It is no secret that Guyana continues to have to deal with the considerable health and economic risks associated with the challenge of counterfeit consumer goods’ imports and our glaringly limited capacity to address the problem.

The Guyana business is being urged to set aside what, frequently, has been a singular preoccupation with operating strategies driven largely by cost effectiveness and profit and move in the direction of ‘greener’ production.

A local commercial bank official has told Stabroek Business that the compliance of banks and other financial institutions in Guyana and other developing countries with the provisions of the United States’ Foreign Account Tax Compliance Act (FATCA) was “entirely unsurprising” and that “nothing different” could have been expected of the Guyana banking community.

One gets the impression too that the environmental delinquency in the business sector is, to an overwhelming extent, a function of its awareness that whether through a lack of capacity or an absence of will, enforcement is largely ineffective.

The Rupununi Chamber of Commerce and Industry (RCCI) said yesterday that unless the increased electricity tariff is withdrawn immediately some Lethem businesses might be prepared to relocate to Bom Fin in northern Brazil where cheaper power is available.

A vigorous regime of trading ensues in the dead of night right here in the capital.

The Georgetown Chamber of Com-merce and Industry (GCCI) is partnering with Caribbean Export to deliver a three-day workshop with the objective of further building capacity amongst small and medium-sized enterprises.

Shaan Khan has nothing but a scowl for a society, which he feels has more or less lost its appreciation for classy drawing rooms and tastily furnished bedrooms.

Stock market updates

(Prepared by the Guyana Marketing Corporation and published by Stabroek Business as a public service)

The recently established Guyana Geology and Mines Commission Mining School is seeking to raise levels of environmental sensitization across the local mining community by including environmental training as one of the core areas on its curriculum, the School’s Coordinator John Applewhite-Hercules has told Stabroek Business.

Everything that we have heard about next weekend’s Guyana Festival so far suggests that its primary focus is on trying to create an event that will serve as a kind of seasonal benchmark for visitor arrivals.